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with the future in the heart of silicon valley. what google is doing to protect employees from toxins in the ground left by tech companies decades ago. >> they were laying there staring at me. i said babies, are you okay? >> he found two little girls shivering near the wreckage of their mother's crashed car. why he says the word hero does not apply to him. >>> weather wise, another clear night and dry night in the bay area. we'll talk about the forecast for the next seven days. we have more than that. we'll look at a rain fall outlook all the way through memorial day. that's coming up next. ,,,,,, presidents' day is over, but the savings go on at sleep train. through sunday, save up to $500 on beautyrest and posturepedic. get a sealy queen set for just $399. even get 3 years interest-free financing on tempur-pedic. plus, free delivery, set-up, and removal of your old set. keep more presidents in your wallet. sleep train's presidents' day sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ google.
. why is the guide cans below forecasts? >> not one but two firms raise third price target on google, $1,000, we will talk to one of the analysts behind the call coming up. the tech giant toying with a chrome touch screen and trying to make its google glasses more stylish. >> david einhorn hosts a conference call with am shareholders at 2:00 eastern time. he is going to explain ourselves better regarding his high-profile proxy fight. >> we will start with the selloff. futures pointing to lower opening following the disappointing claim numbers a day after the worst one-day selloff of the year are markets around the globe feeling the pain too. europe shares sharply lower after uncertainty from the fed about the future of kiwi raises concerns, markets in london, germany, spain down 1%. asia down as well. shanghai down 3%. jim, you got sequester, you got fed, you got gas prices are, like they all converged in a matter of a couple days. >> you feel the switch has flipped, things going well is going badly. i want to caution the weakness of the month-old fed meetings notes is they are a month o
. into the downdraft, i like to fall back on themes that aren't ephemeral. google and apple. grand, i hate that stuff. it's a jinx. way too bullish. i don't want to get caught up with google's revolutionary eyeglasses or apple's also-ran watch, because everyone, including the huge holders now hate apple so much. its watch is being compared unfavorably to a timex. i don't want to sue apple because i'm underwater in my position. move on if you are so bummed. i don't focus on the noise out of washington that much. i don't want to be fooled into thinking this budget battle equals the fiscal cliff armageddon last year. the one that faked out so many people to dumping stocks at the worst time possible. the dividend tax would go to 40%. that didn't happen. nor do i want to make too much out of the issue of the downbeat for america's biggest retailer, walmart. they had a good quarter and caught a lot of short sellers off guard with that beat and a terrific dividend boost this morning. by the way, something that caused the stock to go up a buck, not down a buck as you would have expected if you took the ugly
a proposal to build a private hangar to house jets belonging to google's senior executives that would be used by other companies. this is expected to bring in $3 million a year to the airport. google houses planes elsewhere right now. >> state senator jerry hill has legislation to ensure california high-speed rail does not add new tracks through the peninsula. he has specific language to guarantee the high-speed rail runs on two existing tracks sharing with caltrain. officials have promised hill they would not add two additional tracks making it a total of four on the peninsula where many neighbors opposed idea. caltrain will run on electric power so it is compatible with the existing trains. >> mike, what do you have? >> a little bit of a change with the weather. we have progressive pattern on top of us and the jet stream will push a weak cold front tomorrow. before that, look at the sunshine today and temperatures a couple of degrees warmer than yesterday from mid-to-upper 50's along the coast to low-to-mid 60's for the rest of us. as we look into what is happening outside right now, we are
. >> who needs references when you've got google. getting ajob is no longer just about the cover letter and resume, it's about search results google will find you and both the positive and negative things. you want that first page on google in particular to be clean. >> mark is the director of the career center at johns hopkins university. he says studies show more and more employers are adapting to social media and traditional references are couched for a quick internet search. a trend prompting johns hopkins to raise the bar on career services from simply counseling students to be wary of their social media lives to cleaning it up. >> that's the next step. theconcern of having students really impact their own brand. >> so hopkins recently became one of the first universities in the country to partner with the site brand yourself.com, a service now free to hopkins students to clean up and manage their online shadows people are going to use sites to find people and network and secure opportunities so we want to make sure what they have online is a good representation of their quali
venture capital firms it has made successful investments in google, and linked in, among others he started his career as a journalist at "time" magazine. i'm pleased to have him here at the table for the first time. >> thank you. >> rose: it he is a pleasure to you have at the table. >> likewise. >> rose: i want to go back to europement tell me about your grandfather and your father and coming here. >> so my-- both my parents were born in nazi, germany. or they were born in ger nanny. like a lot of other jews obviously the future wasn't there for them. and their parents organized their depar ture in the mid 1930s to britain. my mother and father didn't know each other at that point. they met later in britain. and both my mother and my father were lucky enough to get scholarships to attend high school in the case of my mother and then high school and university in the case of my father. and my mother's parents escaped from germany right at the end of august of 1939. and my father's parents, like a lot of the rest of the family never escaped. they were murdered. and like millions of others.
for google as its stock price set a new record. google shares were only $85 each when the ipo was issued in 2004. today google share prices closed above $800 an all-time high. mark sayre with more on the explosive growth and what it means for the bay area. >> reporter: elizabeth, according to the "wall street journal," google is only the fourth company ever to have this $800 stock price but despite that eye-popping number analysts say it's the ongoing work that the company is doing that's more important than the actual number. at the google plex at mountain mountain view, they are making big inroads in mobile computing. >> there are many one of these but there's only one google. >> reporter: he follows the tech industry for global equities research and says google has few peers when it comes to innovation. >> google has been doing phenomenally well when it comes to innovation. they are thinking big and bold. and they are thinking broad. those are the key recipes for success. >> reporter: they are dominant in digital ad revenue making mon in i with ad
of silicone valley's dirty little secrets is coming back to thaunt haunt the giant google. toxic say portion have been found there. >>reporter: we're sitting across for from a site where decades ago, toxic chemicals were put into the grown. >>reporter: they are known as google builds qd6 and 7. problem began when construction allowed air to seep up from undergrounds. >> there has to be repairs to the foundation and that's how vapors may have been created to potentially migrate into the building. >>reporter: it turns the out the building sits on what used to be a semiconductor. the companies used a chemical to make chips. they dumped solvent into the ground. the normal range is 5 micrograms for cubic meter. the google building thating had help to 8. the employees were exposed for several months. >> it's good that once we found the results that prompt action was taken. >>reporter: we saw employees coming and going from the buildings, one of which is used as a customer briefing center. one worker told us he was fine with being at the site because google posts the testing data online. from neigh
relief could be in sight. >>> google stock reaches an all time high. see what the company is planning. >> watch this camera carefully in manchester today. some snow on the ground but now you see it and now you don't as everything changes over to rain. the rain clearing out but the cold wind just ramping up. we have the details on the other side of the break. >>> let's look at the board, a lot of green today. it shows the nasdaq a 12 yes -- 12-year high. the dow also shrunk. >>> get well soon cards are available but now there's a push for end of life cards. the greeting card would be made for people entering hospice care. the widow isg hall mark. she said the cards with kind words stopped coming when her husband entered hospice care. >> reports that google will open their own retail stores sent the stock soaring. google stock reached more than $800 a share. the retail stores will likely sell google branded hardware. shoppers can test out google products before buying them. experts said google is trying to follow apple's model. >>> hot mail users say so long. after 15 years microsoft is
at google's interconnected eyeglasses. >>> and in sports out of this world. no boost police. a zoo creature is becoming a basketball star. wow, i've been claritin clear for 10 days! when your allergies start, doctors recommend taking one non-drowsy claritin every day during your allergy season for continuous relief. 18 days! 12 days! 24 days of continuous relief. live claritin clear. every day. whatever it takes, get to sears presidents day sale mattress close out. get 24 month special financing. and save up to 60%, plus get an extra 10% off. and free delivery. this is eye opening. this is sears. demonize selected individuals. for more than a decade, armstrong stronltly denied using performance-enhancing drugs as he racked up world titles including seven tour de france yellow jerdies but they found evidence he had doped last year that stripped him of his victories. armstrong himself finally came clean with oprah winfrey. travis tygart said he believed he was going to cooperate but last month he told scott pelley on 60 minutes that such could expose him to criminal charges. >> there's a five
at google's internet connected eyeglasses. >>> and in sports out of this world. no boos, please. a zoo creature is becoming a basketball star. zoo creature is becoming a basketball star. wow, i've been claritin clear for 10 days! when your allergies start, doctors recommend taking one non-drowsy claritin every day during your allergy season for continuous relief. 18 days! 12 days! 24 days of continuous relief. live claritin clear. every day. whatever it takes, get to sears presidents day sale mattress close out. get 24 month special financing. and save up to 60%, plus get an extra 10% off. and free delivery. this is eye opening. this is sears. >>> here's a look at today's forecast in some cities around the country. new york mostly sunny, chilly 34. miami, 82. chicago, partly cloudy 31. dallas can expect morning showers. and los angeles, partly sunny with a high of 62. >>> well disgrassed cyclist lance armstrong has decided not to participate in a tell-all interview with the u.s. anti-doping agency. edward lawrence reports that probably means the end of armstrong's career
the google glasses. >> google's on the top 50 list. >> i believe that. >> i'm going to 1,001 right now. >> where is brian white? >> right. that almost -- i don't want to say it topped the stock. when you start to get the really far out there price targets on apple, that's when the cracks in the story started to really -- >> look, here's capital oil and gas. one of the best performing stocks of the last few years. what's it doing? it's up five on a good quarter. the marcellus is good. you go back to the gardner denver. many things are happening that are positive that are away from apple. but if you just are apple centric, google centric, you keep people out of the oil patch. you've got to be responsible. you've got to be responsible and talk about things that are working. >> right. all right. >> oil patches, one of the best performances of a lifetime. do you care? >> i do. so does bob pisani. he's on the floor with more on what's moving. >> a nice move to the upside today. scott, did you notice, i'm sure you're watching jim bullard on our air this morning, saying the fed is going to sta
today and you will have a front row seat right after the break. >>> google may be about to start up retail stores. what will they sell? would anyone go? what's it going to mean for the stock? the man who quite literally wrote the men on google is here on the floor of nyse. look at him, he looks great coming up to join us. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back to "power lunch." i'm josh lipton. group one automatic sputtering today. the company owns and operates car dealerships, u.s. locations mostly in metropolitan areas in 15 states. reported fourth quarter epps of $0.70. the street wanted to see a $1.19. company ceo talking about strong growth in the fourth quarter, 19% revenue growth. he also said missed some opportunities to maximize profits via complete leveraging of cost structuring. investors unhappy with tha
to a familiar voice that lets every giants fan know baseball is back. >>> google crosses $800. we'll talk about a guy who probably wishes he would have waited until today to sell. coming up. >>> new at 11:00, president obama today urging congress to accept more tax revenue aimed at avoiding automatic budget cuts set to go into effect one week from friday, cautioning if the effects occur, our entire economy will feel those effects. the president also taking some shots at congressal republicans, saying their ideas puts the burdens on the middle class. >> just ten days from now, congress might allow a series of automatic, severe budget cuts to take place that will do the exact opposite. won't help the economy. won't create jobs. will visit hardship on a whole lot of people. >> congress right now is currently on recess, which is of course drawing some criticism among voters, but insiders still say staffers continue negotiations despite their bosses being away. >>> investors meanwhile pleased with google as that company's stock price tops $800 a share for the first time. scott mcgrew says that's an
and google breaks out to new highs, and there may be a catalyst to take the search giant higher. you want to bet on this? explaning what it is, show you our vision of it, details when "countdown" returns. ♪ >> announcer: you never know when, buthieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today you open up a charge card account with us. >> you just read my mind. >> annouer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lilock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> aouncer: credit monitoring is not enough, because it tells you after the fact, sometimes as mh as 30 day
's getting crushed by google and its stock price is getting hammered. but did you know there's a cereal that's recommended by doctors? it's post shredded wheat. recommended by nine out of ten doctors to help reduce the risk of heart disease. post shredded wheat is made with only one ingredient: one hundred percent whole grain wheat, with no added sugar or salt. try adding fruit for more health benefits and more taste in your bowl. it's the ideal way to start your heart healthy day. try post shredded wheat. this has been medifacts for post shredded wheat. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> do you know what this is? of course you do. apple has sold more than 300 million iphones since it introduced them back in, believe it or not, 2007. but this may be less familiar. even so, google's android operating system has been cru
we have seen. take a look for instance at a stock like google, set to open a new 52-week high, that has been a parabolic move. >> well, i think it's difficult to reconcile a lot of things. i don't know what marty would think about the fact that here is michael dell buying his company, here is warren buffett buying heinz, here is elison making a bid bid for a company that had been left for dead. and i think he would be torn because i know that he never wanted people to get hurt. i always feel like he was a doctor of stocks. first do no harm, but i also know that those have been waiting for a pullback have not been able to get in. i missed him. i know it's been a long time since i stopped, but he also was one of these people who say, okay, let's take a hard look at what's working and what's not? our late, great friend mark haines who introduced you to the concept of buying and selling, not just holding. and being sensitive to sentiment. i just -- when i saw him pass, i said, holy cow. what a tight -- >> between him and mark, two giants that we've lost in the last year. >> two pe
tax.com. google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. >>> this is kpix5 news on the cw. >> people in mayor gene quan's neighborhood. >>> look what we found in the bay area today. low elevation snowfall. mt. hamilton, a will lot of spots. >> and the bay area city putting the stop on hard liquor licenses. >>> good evening, i'm ken bastida. >> and i'm elizabeth cook. her neighbors say they have had enough. tonight,they tell kpix5's kristen ayers if gene quan won't take action, they will. >> quiet as it seems from here, a neighborhood in the oakland hills, is in crisis. >> they completely trashed the house.
something closer to $14 now that these earnings were not bad. > google crossed $800. is this stock inexpensive or expensive? > > you know, i think it is a little of both. it is certainly a momentum stock right now. i think a lot of money has left apple and moved into google, so don't be surprised if we see who google threaten that $850 level before we see any type of resistance. > what will the situation in germany mean to traders in the united states? confidence is up there, the dax has been doing great. what do you think about germany? > > you know, europe good is good for the u.s. that has been kind of the big laggard on, i think, the global economy. so if europe gets its act together, i think the s&ps go to the moon. > what would you buy right now then, just an s&p index? > > yeah, i would be looking at spiders or an s&p future, or call options on the s&p futures with the vix so low. > you are definitely a bull in this market. > > absolutely. > would you buy any stocks related to germany? > > you know, maybe. i think i would still like to stick to core u.s., because u.s. contin
was found this 20 commercial buildings in the area. including among the structures two new google office billings where renovations allowed higher than expected levels of tce to leach into the air in the buildings where google employees worked. >> how long have hot spots been there? >> we don't know how long or how, you know, how they got there. >> these hot spots is have been there a while and the people have been living above them or with this air in their home, is that correct is this. >> we don't know. >> now the epa was so concerned about the levels of the tce in the two homes they immediately began putting ventilation systems in them. as for the office buildings including google's, the epa said is that they have systems to keep vapors outside of the buildings now in place. google tells us that they take the matter seriously and they have taken measures to ensure that the area is safe. we will stay on the story. raj, jessica. >> an eye opening report, thank you, steven. happening now in fremont, police are on the scene of a multiple car crash, caused by a wrong way driver. nbc bay a
the dreamliner they're voting to strike. and next question, would you shop at a google store? reports about opening bricks and mortar outlets, and run google products, nexis 7 and android and chrome operating systems and coast guard says a leak in the fuel line caused the fire in the engine in the carnival cruise ship. the commander says the full investigation is going to take about six months. the lawsuits have already begun, but in our next hour we've got an attorney who says the passengers shouldn't even bother filing suit. he they should take the money that carnival is offering right now and go with the money. take it. we'll tell you why he's suggesting that coming up at the top of the next hour. gas prices truly spiking, up nearly 50 cents this year and remember, please, for every penny that gas goes up that's more than a million dollars of consumer taken out. that's essentially a tax. we've got an economist who is warning of recession if gas prices keep going up. and the opening bell after a three-day weekend, 14,000 on the dow next. all stations come over to mission a for a final go.
insurance. google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. >>> being black in hollywood is fantastic for the one black guy in every single commercial. you know him. the quirky non-threatening black guy. "saturday night live" hit a nerve -- >> hey, seth, high-five! all right. >> how are you, corey? >> awesome, man, just awesome. my life is great. this year, i was in 14 commercials and i was also the one black guy in
visitar redes sociales como google, twitter. >> visitara varios países en base a su misión. >> cuando llegue a los estados unidos visitara compañías como googl twitter . >> hoy el partiso republicano rechazo el borrador de los demócratas sobre la reforma migratoria. >> es a penas el presunto borrador de la casa blanca que se filtro, esto indica que las personas indocumentadas que están aquí podrían llegar a ser residentes dentro de 8 años con base de algunos gtramites y documntos. >> pero la propuesta ya trae disputa entre los republicanos. >> esto, indicaron sería un sistema que no funcionaria en los próximos años. >> barack obama dijo que envíaria este proyecto a no ser que los senadores no se presentaran con una reforma. >> vemos como se reunieron los senadores en busca de presentar una nueva legislacion en marzo >> se le aconsejo al presidente no dar una propusta propia porque esto podría interrumpir las negociaciones en el capitolio. >> aunque hay que reunir varios requisitos para este tipo de programa donde se puede adquirir una vivienda, las cosas para algunas pers
with it and provide a little bit of how the space has evolved because i used to do similar things at google. in 2007 i came to work with google, where i ran advanced projects, where we did everything from the imaging systems for google street view to google earth to google maps to energy projects like google power meter. >> but when you look at ed lu you hear things like liquid robotics, 3-d imaging. >> right. >> and obviously b612. >> right. >> what's the unifying theme for ed lu? >> i think that ed is fascinated by the horizon, by what's over the next hill. it could be exploring space, it could be a new vehicle that paddles its way out into the ocean, it could be finding threats to the earth. >> i think we're living in a really special time now. for 4.5 billion years this planet has been hit by large asteroids, thousands of times, and we've reached the point where we as a species have figured out the technology that we could actually stop that process on this planet. i mean think about it. we're talking about changing the actual evolution of our solar system so it's, the plan set no longer hit by as
and cause problems. >> following in the footsteps of its competitor google may be opting for its own retail stores in the nine states. >> according to the nine to five google blog google is building stores in time for the holidays. google will sell gramm google brand hardware. google is
street cred is skyrocketing. >> well done. >> a father makes a duet with his daughter, google shows us how it feels when you wear their new glasses. >> another look at today's hottest videos online, first up google released thisqk9j clp shot with wearable technology, google glass. >> google said they're ready to make the first glasses available to the public. just press month more about 50 words. if you're chosen and willing to pay, you know, $1500 google glass is all yours. pretty good deal. up next, dad jesse peters and his daughter took over redit this morning with the cover of the song. >> that was written in 1968 only becoming well known after muppets performed it on "the muppet show". good luck getting it out of your head for the rest of the day. see you next time, bay area. >> thank you. >> up next, the cause that has the first lady's michelle obama and big bird teeming up. >> how this man's job is helping save lives of children. >> apple's voice recognition feature is popular but what i℠eh your phone doesn't have it? we team up to test out >>> checking healthy living news, a
, wool e'll tell how much for. and google glasses, they could be a game changer, the wave of the future. that's not the biggest product na google unveiled. clayton morris has more next. first, something completely different. with the oscars coming up this weekend we asked some chief executives, what movies inspired them like imax chief. which of these movies do you think inspired him? here are the choices, we'll have the answer after the break. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade r lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-infla
from google. >> alison, so good to see you. thank you. >> sure. >>> cyber attacks against the u.s. an american firm is linking the chinese government to hacking. i'm talk to a man who hacks computers for a living. >>> controversial advice to kids from top law enforcement. what to do if they're confronted by a gunman. there's a training video here. our panel is going to discuss it. stay close. ns, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only
] dagen: good to see you. thank you, charles payne. google may finally be opening retail stores of its own. following in the footsteps like apple and microsoft. 925 google.com, the first stores are expected to open by the 2013 holiday season. these new stores, google will allow customers to experience google products before purchase. it will surely be cooler than the microsoft store. it may have competition from best buy. beginning march 3, best buy says it will match the pretax price for new, identical and immediately available products. along with 19 competitors. it will cut its return. in half to 15 days. maker's mark, bourbon drinkers will not get watered down. it is now reversing it decision to change the formula after announcing plans to cut the amount of alcohol. following the announcement, the company says it heard from thousands of unhappy customers. particularly, those that drink it neat. maker's mark decided to stick to the original. the company's statement on facebook to keep the alcohol content drew over 14,000 likes over two hours. can i get a shout out? come on. there are no
at best, but one thing is for certain, people are way too gun-shy to use it. google powered through today. so many wish they were in google. it's the score of a lifetime, but when this terrific search-and-destroy the competition juggernaut fell last year after reporting a miss and gave uncertain guidance, did you use that pullback to buy, or did that move scare the wits out of you? did you use the further pullback another 50 points to put money to work in google? or was that sell-off another one you had to avoid even as you might have been waiting for another leg down? you're waiting for a further pullback. i think the answer is the pullback was wasted on many. it seems like the great growth days were behind them. there were more moving parts where the cost of acquisition continued spending on uncertain products, all you had in retrospect was the pullback you needed. the one that might have been waiting for, at least making matters worse, second pullback created what could have been a nasty-looking head and shoulders pattern. as the technical signal a mountainous top if they didn't hold.
think completely oversold. recently bought shares. >> josh brown? >> i don't think google is done going off. if you're nervous buzz it is 800 bucks, you can trail the stop loss. not the end of the world. >> stocks are negative. at left a couple major averages, negative for the month of february. worst pull back day of the year. tweet me. "power lunch" is up now. >> the second half of the trading day starts right now. >> we are going to pick up right where scott left off, on the slide in stocks. we are going to ask the question, is it time to run for the hills. is the bull run over? we have full coverage as the market falls for the second straight day. worst two-day decline this year. wal-mart shares are up on earnings. but question remains, is this a company with enduring problems? we have a unique perspective from a secret shopper. a woman who visits the stores then reports back to wall street on what she is seeing. then, what does the great american ceo make these days? and even the not-so-great ceo. the numbers are coming up. we have all of the data. simon is here at the nyse. hi, si
home? and what is tech trying to tell us? google stock is near all-time highs. apple has lost a third of its value. demand for gadgets is strong. overall business demand is slow. there are tiny bubbles, cue don ho ♪ tiny bubbles tiny bubbles ♪ >> and giant bubbles. think tulips. some of you think this chart screams bubble. others say not so fast. stocks are historically cheap right now. no denying money has ever been cheaper. look at the interest on your checking account. that's a bubble, too, because this guy is keeping interest rates so low, which makes us wonder in rescuing america from a crash, is he creating the next bubble to burst? stephen moore, dan grossman and zanny beddoes. you wrote a book "pop: why bubbles are great for the economy." >> this is how we create new infrastructure, telegraph, railroad, internet. we don't sit around and the government says build this line from here to here, people run around and go nuts and build four railroad lines and four telegraph lines and they all go bankrupt. but then someone picks up the pieces, takes that infrastructure and does s
opening numbers on wall street it looks like a be a flat start to early trading. google shares are coming down of that but still opening today at 8 0685, the highest level for google stock. >> it is definitely a frigid start of the morning. it is cl are seeing sunshine already. temperatures will be about 10 degrees warmer than yesterday's afternoon highs. tomorrow we are anticipating a body start with most these sunny conditions into the afternoon. rain as you head into your saturday the temperature is a little warmer as the starter next work week. we of several factors to talk about and i will keep your extended forecast in my next report. >> i think we're looking at the golden gate bridge and the ride on 1 01 in the southbound direction. no delays of for your ride on bart on caltrans but a trained no. 1 is now seven minutes behind schedule. it continues to move westward and the delays pick up, a last check out of fremont it was eight minutes behind schedule. >> crews are on scene of a water main break and san francisco's north beach neighborhood. the intersection of filbert and mesa str
was only a lieutenant the last 3 months and i found out if you google me under lieutenant you find something. i stick with sergeant because i have about 14 years on google for that. i spent about 28 years as a police officer for the city of san bernardino, california, about 80 miles outside los angeles. among other things i'm recognized as an expert on graffiti in california superior court. without reading all this i want to let you know that i am well rounded, i was supervisor of the unit to be supervisor of a multi agency dealing with it to being executive director for the entire state, california graffiti association of california. so i have a fair amount of background. i first became involved in graffiti back in 1991 when i was told in the gang unit that i was going to be a two-week assignment to deal with these guys called taggers. i continued until i retired so it was a long two weeks. a lot of times cities don't understand how deep the issue goes. i have had my card handed out, this is my phone number. i have absolutely no problem with people calling me any time to disc
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